Working hard to become an operating mining company in the near future is Thunderwood Resources (TSE). Management’s goal is to aggressively develop top quality mineral properties in areas with establis…
Phelps Dodge of Canada, a unit of Phelps Dodge (NYSE), has signed an agreement to option a 51% interest in each of three Nova Scotia properties from Scotia Prime Minerals (ASE). The agreements pave th…
Donald Busby, a well-known promoter and financier, has resigned as a director of International Mahogany (TSE) and Kap Resources (VSE). International Mahogany holds a 70% interest in the Jolu gold mine…
Moraga Resources Ltd. — 1,000,000 units consisting of 1 sh and 1 wt offered @ 74 cents per unit. Golden Eagle Resources Ltd. — 1,500,000 shs offered @ 10 cents per unit.
A letter of understanding has been signed by Pegasus Gold (TSE) and Fischer-Watt Gold (NASDAQ) allowing Pegasus to earn a 77% interest in the Emigrant Gulch prospect in Park Cty., Mont. To earn the in…
Vancouver-based NDU Resources (VSE) is seeking a major partner to finance its share of exploration and development on the Bend copper-gold deposit in Taylor Cty., northern Wisconsin. To date, NDU has …
Darrell Curtis appointed a director succeeding Laurence Sookochoff who resigned.
Noranda Exploration (Norex) plans to spend $75-80 million this year for grassroots exploration in North America says President John Harvey. Noranda Exploration conducts mineral exploration on behalf o…
Still waiting for Minnova’s (TSE) response to feasibility results on the Mobrun polymetallic mine, Audrey Resources (TSE) is considering an alternate mining proposal which would limit the operation to…
A new 100,000-tonne-per-year copper smelter, to cost US$150-200 million, is being planned for China by CNNC Shanghai Smelter, the Cable and Wire Group of Shanghai, and Philipp and Lion, the publicatio…
For the year ended Dec. 31, Brenda recorded a loss of $1.5 million on revenues of $26.8 million. Brenda Mines (TSE) 3 months ended Dec. 31 1990 1989 Revenue $3,810 $11,260 Net earnings (loss) 140 (3,9…
The Ontario Mining Association (OMA) recently elected Warren Holmes to serve for a 2-year term as its new chairman. Holmes is vice-president and general manager of Falconbridge Ltd.’s Kidd Creek base …
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